Family office-backed investment and operating company Deus X Capital has announced its strategic investment in big data analytics and AI focused firm APEX:E3.
The company already uses APEX:E3’s solutions, along with other AI tools, in its mission to democratise financial services. This investment aligns with the company’s existing portfolio, it stated, and signals its intention to boost its presence in the AI space.
APEX:E3 is designed for global portfolio managers, traders, quants, and researchers working across the investment sector, using AI to provide solutions to challenges in capital markets. This includes the use of large language models and machine learning to create efficiencies and enhance workflows.
Commenting on the investment, Tim Grant, CEO of Deus X Capital, said: “[APEX:E3’s] principle of merging humanity with technology is aligned with our mission and is something we believe is critical to building and supporting an accessible ecosystem for all. Building a network of companies that collectively works towards this goal can’t be without the technology and innovation that we see at APEX:E3.”
Usman Khan, CEO of APEX E3, added: “Building on our successful partnerships with Google, ConsenSys, Cognism, and the University of Oxford, this strategic investment from Deus X Capital equips us with the tools and resources to further expand APEX:E3, benefitting our customers and partners.
“Our roadmap is dedicated to developing scalable cognitive architectures to power AI agents, enhancing efficiency and value discovery in capital markets.”
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